The EDB gets access to Nasdaq OMX Armenia

24 August 2018

Yerevan, 24 August 2018. The Eurasian Development Bank (EDB) has become a participant in Nasdaq OMX Armenia’s foreign exchange and government bond markets. Thereby, the EBD gets direct access to transactions in Armenia’s national currency and government securities. Should there arise demand on the part of market participants, the Bank is ready to offer market making services on Nasdaq OMX Armenia in respect of transactions in the national currencies of its member states. The EDB is at present a market maker for the RUB/KZT pair at the Kazakhstan Stock Exchange and Moscow Exchange.

It also has a correspondent account in the Armenian dram and arranges settlements through the Central Bank of the Republic of Armenia.

Additional Information:

The Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. The EDB's charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.

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